October 6, 2024

The CoronaVirus pandemic continues to harm all economic activities and causes a lot of losses to technical companies and all companies in general, and one of these affected companies is the famous platform Kickstarter, which has always supported and contributed to supporting leading technology projects.

The Kickstarter platform is considered one of the most important participatory financing platforms on the Internet that contributed to the financing of many innovative technical projects, but it is, like many technical companies, severely affected by the problems resulting from the spread of Covid19 pandemic, which will inevitably lead the company to great losses, And this is what really started to appear, according to what the press reports revealed in the last period.

According to the specialized site Gizmodo, citing sources on the Kickstarter project for participatory project financing, the company decided to lay off a large number of its employees, and the number may reach 45 percent of its total staff, in order to keep pace with the losses suffered by the platform.

On the other hand, Kickstarter has declared that it respects the rights of all employees who will be laid off by benefiting from the coming months’ compensation in addition to the health coverage for a period of 4 to 6 months.

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